India, June 3 -- HSBC Mutual Fund has launched RedHex Hybrid Long-Short Fund, a Specialised Investment Fund (SIF) strategy designed for investors seeking regular returns and capital appreciation.

The strategy combines investments across asset classes - fixed income, equity arbitrage, REIT and INVIT units to pursue risk adjusted returns across market cycles. The New Fund Offer (NFO) will be open from 2 June 2026 to 16 June 2026.

SIFs were introduced to bridge the gap between traditional mutual funds and higher-ticket products like Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs). RedHex Hybrid Long-Short Fund offers an intermediate investment that combines the regulatory transparency of mutual funds with portfo...